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6/27/2023 3:34:12 PM
 
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Section 25: Chit Chat Subject: The Biltmore Msg# 1188471
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Within 30 years of Cornelius' death in 1877, no member of the Vanderbilt family was among the richest in the U.S. And within 50 years of his death, the fortune was completely gone.
Cornelius violated one of the cardinal rules of investing.........DIVERSIFY! Too much railroad. |
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For reference, the above message is a reply to a message where: Biltmore opened in 1895. Within 30 years of Cornelius' death in 1877, no member of the Vanderbilt family was among the richest in the U.S. And within 50 years of his death, the fortune was completely gone. |
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